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Hire right the first time to avoid costs

 

As the general global economic outlook looks sunnier, many firms will be looking to increase their workforce as they look to prosper. By hiring the right candidates the first time around, you can avoid unnecessary costs, stalled growth and wasted time. Read on for tips on how to secure the best candidates without disrupting your cash flow.  

Identify precisely what you require
In an attempt to attract a wider pool to choose from, it may be tempting to post a vague job description in the hope that more candidates means more talent. What this does cause however is a very inefficient hiring process, and the risk of choosing an individual who may not possess the precise skillset required. Be clear on what you are looking for, and choose interview questions that allow you to quickly establish an interviewee’s suitability. 

Get a second opinion
No matter what level of seniority you are employing at, it is worthwhile to ask candidates to interview twice with two separate members of your company. This not only gives you more time to consider an individual’s capabilities, but brings together the hiring experience of two current workers before a final decision is made. 

Offer a fair salary
If you want the best, you will have to pay for it, and offering a lower salary to try to save money will only deter those who know their worth. By paying a fair wage to those who are sure to perform, the revenue benefits to your company with their input is sure to outweigh the extra salary you pay each year. 

Consider your current staff
Don’t forget to consider the current talent you have around you when a new opening appears, as an existing employee may be ready to take the step up. It may also be beneficial to ask staff if they can refer a job seeker to you, as they will already have an understanding of their abilities and professional experience. 

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